Global elastomeric foam market expected to reach USD 1.81 billion by the end of 2024, growing at a CAGR of 6.4% between 2018 and 2024. Elastomeric foam is extensively used for a varied range of applications in several industries, such as HVAC, automotive, electrical and electronics, and healthcare.
The report covers a forecast and an analysis for the elastomeric foam market on a global, regional level. The study provides historical information of 2015, 2016, and 2017 with a forecast from 2018 to 2024 based on both volume (Kilotons) and revenue (USD Billion). The complete study covers the key drivers and restraints for the elastomeric foam market. It also provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the elastomeric foam market on a global level.
In order to offer the users of this report a comprehensive read on the elastomeric foam market, we have enclosed the detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces Model for the elastomeric foam market has additionally been enclosed within the study. The study includes a market attractiveness analysis, where all segments are benchmarked supported their market size, rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the elastomeric foam market across the globe. Besides, the report covered the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the elastomeric foam market by segmenting the market based on its segmentation. The segmentation included type, end-user industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on the type, the global elastomeric foam market includes natural rubber/latex and synthetic rubber. Further, the synthetic rubber segment is segmented into nitrile butadiene rubber (NBR), ethylene propylene diamante monomer (EPDM), chloroprene (CR), and others. Based on the end-user, the global elastomeric foam market includes HVAC, automotive, electrical and electronics, healthcare, and others. Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. The regions are further subdivided into major countries, such as the U.S., UK, Germany, Canada, France, China, Japan, and Brazil, among others.
The study provides the exhaustive company profiles of the worldwide market along with the in-depth description of players. Some of the key manufacturers included in this study are Armacell, Hira Industries, Zotefoams plc, L'ISOLANTE K-FLEX, Kaimann, Huamei Energy-saving Technology Group, Jinan Retek Industries, Aeroflex USA, NMC SA, and Anavid Insulation Products, among others.
The report segments the global elastomeric foam market as follows:
Global Elastomeric Foam Market: Type Analysis
Global Elastomeric Foam Market: End-User Analysis
Global Elastomeric Foam Market: Regional Analysis
List of Figures
1. Global Elastomeric Foam Market Segmentation by Type, End-User, and Region
2. Global Elastomeric Foam Market,2015 - 2024 (Kilotons) (USD Billion)
3. Value Chain Analysis: Elastomeric Foam Market
4. Porter’s Five Forces Analysis: Elastomeric Foam Market
5. Market Attractiveness Analysis by Type
6. Market Attractiveness Analysis by End-User
7. Market Attractiveness Analysis by Region
8. Global Elastomeric Foam Market : Company Market Share, 2014
9. Global Elastomeric Foam Market Share, by Type, 2015 -2024
10. Global Elastomeric Foam Market Share, by Natural Rubber/Latex, 2015 - 2024 (Kilotons)(USD Billion)
11. Global Elastomeric Foam Market Share, by Synthetic Rubber,2015 - 2024 (Kilotons)(USD Billion)
12. Global Elastomeric Foam Market Share, by End-User, 2017 -2024
13. Global Elastomeric Foam Market for HVAC, 2015 - 2024 (Kilotons)(USD Billion)
14. Global Elastomeric Foam Market for Automotive, 2015 - 2024 (Kilotons)(USD Billion)
15. Global Elastomeric Foam Market for Electrical & Electronics, 2015 - 2024 (Kilotons)(USD Billion)
16. Global Elastomeric Foam Market for Healthcare, 2015 - 2024 (Kilotons) (USD Billion)
17. Global Elastomeric Foam Market for Other End-Users, 2015 - 2024 (Kilotons) (USD Billion)
18. Global Elastomeric Foam Market Share, by Region, 2015 - 2024
19. North America Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
20. The U.S. Elastomeric Foam Market,2015 - 2024, (USD Billion) (Kilotons)
21. Rest of North America Elastomeric Foam Market,2015 - 2024, (USD Billion) (Kilotons)
22. Europe Elastomeric Foam Market,2015 - 2024, (USD Billion) (Kilotons)
23. UK Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
24. France Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
25. Germany Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
26. Rest of Europe Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
27. Asia Pacific Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
28. China Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
29. Japan Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
30. India Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
31. Rest of Asia Pacific Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
32. Latin America Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
33. Brazil Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
34. Rest of Latin America Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
35. The Middle East & Africa Elastomeric Foam Market, 2015 - 2024, (USD Billion) (Kilotons)
List of Tables
1. Global Elastomeric Foam Market Snapshot
2. Drivers for Elastomeric Foam Market : Impact Analysis
3. Restraints of Elastomeric Foam Market : Impact Analysis
4. North America Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
5. North America Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
6. North America Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
7. North America Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
8. The U.S. Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
9. The U.S. Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
10. The U.S. Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
11. The U.S. Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
12. Rest of North America Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
13. Rest of North America Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
14. Rest of North America Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
15. Rest of North America Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
16. Europe Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
17. Europe Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
18. Europe Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
19. Europe Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
20. UK Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
21. UK Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
22. UK Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
23. UK Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
24. France Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
25. France Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
26. Europe Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
27. Europe Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
28. Germany Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
29. Germany Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
30. Germany Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
31. Germany Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
32. Rest of Europe Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
33. Rest of Europe Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
34. Rest of Europe Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
35. Rest of Europe Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
36. Asia Pacific Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
37. Asia Pacific Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
38. Asia Pacific Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
39. Asia Pacific Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
40. China Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
41. China Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
42. China Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
43. China Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
44. Japan Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
45. Japan Elastomeric Foam Market Revenue, by Type, 2015 - 2024 ((USD Billion)
46. Japan Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
47. Japan Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
48. India Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
49. India Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
50. India Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
51. India Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
52. Rest of Asia Pacific Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
53. Rest of Asia Pacific Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
54. Rest of Asia Pacific Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
55. Rest of Asia Pacific Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
56. Latin America Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
57. Latin America Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
58. Latin America Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
59. Latin America Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
60. Brazil Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (Kilotons)
61. Brazil Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
62. Brazil Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
63. Brazil Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
64. Rest of Latin America Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
65. Rest of Latin America Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
66. Rest of Latin America Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
67. Rest of Latin America Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
68. The Middle East & Africa Elastomeric Foam Market Volume, by Type, 2015 - 2024 (Kilotons)
69. The Middle East & Africa Elastomeric Foam Market Revenue, by Type, 2015 - 2024 (USD Billion)
70. The Middle East & Africa Elastomeric Foam Market Volume, by End-User, 2015 - 2024 (Kilotons)
71. The Middle East & Africa Elastomeric Foam Market Revenue, by End-User, 2015 - 2024 (USD Billion)
An elastomer is a polymer with excellent elasticity and viscosity. Elastomeric foam has superior properties and is most suitable for insulation material. Elastomeric foam is used in a broad range of applications, such as for insulation materials in HVAC. These foams are widely used across industries like automotive, healthcare, and electrical and electronics, among others.
Elastomeric foam market is projected to grow at the fastest rate with an increased demand for insulation materials. Over the last few years, there has been a rise in the overall demand for elastomeric foam due to increasing awareness regarding indoor air quality (IAQ). Elastomeric foam does not contain fibers or formaldehyde and has very low volatile organic compounds or VOCs, which have found wide acceptance among the indoor air quality advocates. Considering all these factors, it is likely that the demand for elastomeric foam will increase and have a positive impact on the overall market growth. In addition, it is the rapid industrialization in emerging countries, such as Mexico, Brazil, India, China, and Indonesia, that is propelling the demand for elastomeric foam market. These foams are widely used in the automotive industry in seat covers and designing further boosting the market growth. But, the fluctuating prices of elastomeric foam might hinder the market growth in the future. However, improvements in the technologies of elastomeric foam are expected to drive the demand for insulation materials, thereby, creating lucrative growth opportunities for elastomeric foam market in the upcoming years.
Elastomeric foam market is segmented based on the type and end-user industry. By type, the elastomeric foam market is bifurcated into synthetic rubber and natural rubber/latex. The synthetic rubber segment is further divided into ethylene propylene diamine monomer (EPDM), nitrile butadiene rubber (NBR), and chloroprene (CR), and others. Nitrile butadiene rubber is anticipated to dominate during the upcoming years, as it is extensively used in several end-use industries and is less expensive as compared to other synthetic rubbers. By end-user industry, the global elastomeric foam market includes HVAC, automotive, electrical and electronics, healthcare, and others. Increasing preference for HVAC systems in several industries across the globe is likely to enhance the elastomeric foam market growth. Rising focus on the construction of energy-efficient buildings is further projected to surge the demand for elastomeric foams.
The geographic analysis of the elastomeric foam market includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2016, Asia Pacific was the leading regional market for the elastomeric foam and is likely to continue its dominance in the future. The growing construction industry is projected to drive the elastomeric foam market growth within the region. Additionally, increasing demand for elastomeric foam from several industries, such as automotive, electrical and electronics, and HVAC, is also anticipated to fuel the elastomeric foam market growth in the near future.
The global elastomeric foam market consists of a large number of players and is highly fragmented. These players are predominantly focusing on introducing novel products and material offerings. Companies involved in this market are Zotefoams plc, Hira Industries, Kaimann, L'ISOLANTE K-FLEX, Jinan Retek Industries, Huamei Energy-saving Technology Group, NMC SA, Anavid Insulation Products, Aeroflex USA, and Armacell, among others.
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